From BofA: We look for growth of 7.0% qoq SAAR in 3Q ... We forecast retail sales fell by 2.3% mom in July, reflecting cooling service dema...

The pandemic led to unprecedented growth in US ecommerce sales. Even as sales growth returns to somewhat normal levels in 2021, total sales will far exceed our pre-pandemic estimates.

Below is an interview of Edward Pinto, the Director of AEI’s Housing Center, with Fortune’s Shawn Tulley on the state of rapidly rising home prices across the country: In almost five decades as one of America’s top housing experts, including a stint as chief credit officer of Fannie Mae, Ed Pinto has never seen prices …

New Vehicle Sales Expected to Stay Strong in the Second Quarter, According to Edmunds

I'm gathering existing home data for many local markets, and I'm watching inventory very closely this year. As I noted in Some thoughts on...

Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2020, real GDP increased 4.3 percent.

The aurora borealis, or northern lights, could easily be described as Earth's greatest light show. A phenomenon that's exclusive to the higher latitudes, has had scientists in awe and wonder for centuries. The theory of how the aurora is created has been speculated but never proven, until now.

DBEDT released its second quarter 2021 Statistical and Economic Report today. DBEDT revised its economic growth projection for 2021 to 3.5 percent, up from the 2.7 percent projected in February this year.

Combining a multitude of predictions and projections, modeling teams hone the uncertainty.

Emerging markets are at risk of falling far behind their advanced counterparts. That’s the whole world’s problem, officials warned.